News coverage about Skyworks Solutions (NASDAQ:SWKS) has trended positive on Thursday, according to AlphaOne Sentiment. The research group, a unit of Accern, identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Skyworks Solutions earned a media sentiment score of 0.37 on AlphaOne’s scale. AlphaOne also gave news stories about the semiconductor manufacturer an impact score of 58 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have impacted Alpha One’s scoring:
- Peter L. Gammel Sells 1,500 Shares of Skyworks Solutions Inc (SWKS) Stock (americanbankingnews.com)
- 25.6% Return Seen to Date on SmarTrend Skyworks Solutions Call (SWKS) (mysmartrend.com)
- Skyworks Solutions Inc (SWKS) Receives “Overweight” Rating from Barclays PLC (americanbankingnews.com)
- Skyworks Solutions (SWKS) Given Daily News Sentiment Rating of -0.13 (americanbankingnews.com)
- Active Volume Stock: Skyworks Solutions Inc. (SWKS) – Alive For Football (aliveforfootball.com)
Several equities research analysts recently commented on SWKS shares. Barclays PLC boosted their price objective on shares of Skyworks Solutions to $144.00 in a research report on Monday, March 13th. Vetr raised shares of Skyworks Solutions from a “sell” rating to a “hold” rating and set a $89.29 price objective on the stock in a research report on Wednesday, January 25th. Charter Equity reaffirmed a “buy” rating on shares of Skyworks Solutions in a research report on Monday, March 20th. Zacks Investment Research cut shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday, March 21st. Finally, Craig Hallum boosted their price objective on shares of Skyworks Solutions from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, April 4th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $96.12.
Shares of Skyworks Solutions (NASDAQ:SWKS) traded up 2.41% during midday trading on Thursday, hitting $101.63. 1,900,532 shares of the stock were exchanged. Skyworks Solutions has a 1-year low of $57.11 and a 1-year high of $102.64. The stock has a market capitalization of $18.79 billion, a price-to-earnings ratio of 21.50 and a beta of 0.88. The firm’s 50 day moving average is $98.01 and its 200-day moving average is $85.52.
In other news, insider Liam Griffin sold 31,250 shares of the business’s stock in a transaction that occurred on Friday, January 20th. The shares were sold at an average price of $85.00, for a total value of $2,656,250.00. Following the sale, the insider now owns 68,782 shares of the company’s stock, valued at $5,846,470. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Peter L. Gammel sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, April 17th. The shares were sold at an average price of $97.92, for a total transaction of $146,880.00. Following the completion of the sale, the insider now directly owns 17,605 shares in the company, valued at approximately $1,723,881.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 91,200 shares of company stock worth $8,137,314. Insiders own 0.62% of the company’s stock.
Skyworks Solutions Company Profile
Skyworks Solutions Inc designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.
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